Help :o( Ehlo Company is a multiproduct firm. Presented below is information con
ID: 2471291 • Letter: H
Question
Help :o(
Ehlo Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. Your answer is correct. Calculate average-cost per unit. (Round answer to 2 decimal places, e.g. 2.76.) By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Attempts: 4 of 5 used 0 You have surpassed the number of attempts to earn Maximum Points for this question. For this attempt, and any subsequent attempt(s), you will earn points according to the Point Potential policy set by your instructor. Your answer is incorrect. Try again. Compute cost of goods sold, assuming Ehlo uses: (Round average cost per unit to 2 decimal places, e.g. 2.76 and final answers to 0 decimal places, e.g. 6,548.)Explanation / Answer
Weighted avg Qty Price Total Beginning inventory 2420 17 41140 Purchase 3420 25 85500 Purchase 4420 32 141440 total 10260 268080 weigted average 26.13 Sales 3920 26.13 102,424.33 Sales 3620 26.13 94,585.73 COGS 197,010.06 Moving avg Qty Price Total Beginning inventory 2420 17 41140 Purchase 3420 25 85500 5840 21.68 126640 Sale -3920 21.68 (85,004.93) Purchase 4420 32 141440 Avg 6340 28.88 183,075.07 Sale -3620 28.88 (104,531.82) Cost of sale 189,536.75
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